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Sirius XM Holdings Inc. (SIRI)

  • Apr. 11, 2013, 6:53 AM
    Sirius XM Radio (SIRI) names Liberty Media (LMCA) CEO Greg Maffei as its new chairman to replace Eddy Hartenstein. The company fell under the control of Liberty Media in January after the media concern's stake rose to over 50%.
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  • Mar. 19, 2013, 8:46 AM
    More on the Charter Communications (CHTR) - Liberty Media (LMCA) deal: Even with four board seats and a sizable stake, analysts thinks the end game for Liberty Media is complete control and a potential merger/spinoff scenario. The deal could have a long-term impact for either Time Warner Cable (TWC) or Cablevision (CVC) and also brings in some interesting possibilities for Sirius XM Radio (SIRI).
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  • Feb. 5, 2013, 11:07 AM
    Satellite radio is just beginning to build its footprint with a large percentage of automobiles now embedded with the technology in a trend which Lazard Capital Markets' Barton Crocket thinks bodes well for Sirius XM Radio (SIRI -0.9%). The analyst calls the chance for a SIRI spinoff from Liberty Media (LMCA +0.8%) a very real possibility in a few years.
  • Feb. 5, 2013, 7:18 AM
    More on Sirius XM Radio's (SIRI) Q4: The company added 529K self-pay subscribers during the quarter, up 41% from last year's level. The subscriber growth was achieved without breaking the bank as subscriber acquisition costs rose 8.5% to $126.7M. The self-pay churn rate slipped 10 bps to 1.8% during the period. Despite paying out a special dividend, execs say the company has ample liquidity to pursue strategic opportunities and return more capital. Sirius sees adding 1.6M self-pay subscribers in 2013 and realizing revenue of $3.7B with EBITDA of over $1.1B. (PR)
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  • Feb. 5, 2013, 7:02 AM
    Sirius XM Radio (SIRI): Q4 EPS of $0.02 in-line. Revenue of $892M misses by $7.46M. (PR)
  • Feb. 5, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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  • Feb. 4, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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  • Jan. 23, 2013, 2:48 PM
    Three members of Sirius XM Radio's (SIRI -0.6%) board resign in an unsurprising development after the company lost control of itself to Liberty Media. Leon Black, Lawrence Gilberti, and Jack Shaw stepped down to be replaced by Liberty-affiliated Mark Carleton, Robin Pringle, and Charles Tanabe.
  • Jan. 18, 2013, 9:06 AM
    A new era for Sirius XM Radio (SIRI) officially launches with all eyes on how a battle between SIRI shorts and Liberty Media (LMCA) buybacks will play out. With automobile sales forecast to be strong in 2013, some analysts are starting to think the company could issue a guidance surprise to the upside when it reports on Q4 on February 5. SIRI +1.1% premarket.
  • Jan. 18, 2013, 3:24 AM
    The inevitable has finally happened and Liberty Media (LMCAD) has taken majority control of Sirius XM Radio (SIRI) by increasing its stake to 50.7% after acquiring 50M shares at $3.15 each. Liberty has said in the past that Sirius should improve its technology and expand internationally.
  • Jan. 9, 2013, 1:40 PM
    Sirius XM Radio (SIRI -0.2%) announces it ended 2012 with 23.9M subscribers, adding 2M net subscribers for the year. Looking forward, the company expects to see sales of $3.7B in 2013 and add another 1.4M subscribers. The company anticipates it will record EBITDA of over $1.1B during the year, and with free cash flow approaching $900M, more buybacks are anticipated.
  • Jan. 8, 2013, 11:13 AM
    Sirius XM Radio (SIRI) announces that the availability of its SiriusXM service will be widely expanded across the lineup of new Toyota vehicles. For some models, it will mark the first time they are equipped with SiriusXM.
  • Jan. 7, 2013, 3:10 PM
    The rally in Sirius XM Radio (SIRI -0.6%) isn't over just yet, according to SA author Little Apple. A rosy outlook for the automotive industry could add to the bullish tone as the company sees over 100M cars equipped with satellite radios by 2018. More buying from Liberty Media and a prominent buyback plan also add support.
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  • Jan. 3, 2013, 5:26 PM
    Liberty Media (LMCA) has won FCC approval to obtain de jure control of Sirius XM (SIRI). Liberty, which currently has a 49.8% stake in the satellite radio provider, says it expects to gain control of Sirius within the next 60 days. SIRI +1.3% AH.
  • Jan. 3, 2013, 10:19 AM
    Sirius XM Radio (SIRI +0.2%) might look just a bit more interesting to investors with General Motors, Ford, and Chrysler all posting solid sales numbers in December. Don't look now, but the stock that some bears swore last summer would never clear $2 again now trades for over $3 a share.
  • Dec. 19, 2012, 9:30 AM
    Sirius XM Radio (SIRI +0.2%) trades higher with word out that it found someone to call the shots for Mel Karmazin on an interim basis. An important backdrop for the company is where auto sales will come in at for December. Typically, the last week of the year is a big selling period, but the fiscal cliff paranoia adds a wildcard to the mix this year.
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SIRI vs. ETF Alternatives
Company Description
Sirius XM Holdings Inc, formerly, Sirius XM Radio Inc. broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems.
Sector: Services
Country: United States